Opinion: Yog Shrusti, co -founder and CEO of Farmsent
Foodies, note: if you are in Bahrain, try Machbook, chicken dish (lamb or fish) with rice. Ideally, go to get a place to serve with a fresh and local rosemary (it really highlights flavor!), And while you were in that, you think about this: How does Rosemary grow on an archipelago of arid islands in the first place where anything that represents a challenge grows? The answer is vertical agriculture, and if you are wondering what is the relationship of this to anything encryption, let me tell you: Web3 is what this miracle needs in the industry to the level of its real potential – and perhaps make sure that we can continue as a type.
Vertical agriculture
One can argue that vertical agriculture is also an answer to challenges such as the deterioration of fertile soil, which threatens to leave the planet with only small pockets of agricultural lands by 2050. It can help reduce global hunger, driven in any part of allocated soil erosion, making food more accessible to a million people. It is a simple equation: with less soil and less to wrap, we need something that helps us grow a lot in a narrow space.
The same simple amount is another equation. It is not difficult to see how less fertile soil will mean less food. The scarcity raises the price, as we know. Food will become more expensive, year after year. And when food prices rise, other things begin to collapse as well. “Carry on as a Type” may be very dramatic, but the link between the availability of food and social disorders is clear.
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However, vertical agriculture is still trying to find its foot. One argues with regular growth pain, you will go through more maturity and technological development, but adventurous capitalists are pleading with the difference. Vegetable farms, projects that can save the critical agricultural industry, struggle to raise money. Since these projects usually require a lot of investment provided, they can only turn into major funds, not smaller players. In other words, traditional capital, with its regular focus on short -term gains and lack of vision, fails in an industry that grows more vibrant every day.
Web3 has a solution.
DePins is the answer
Enter Distinguished symbol. Let’s look quickly in a success story from another industry: car sharing. Vehicles are expensive, so the car sharing service needs a lot of capital to expand its fleet. by Many of the traces were distinguished in its fleetThe Vienna Participation Service has collected 1.6 million euros completely with any barely marketing expenses. It is clear that this is sufficient to bring a few new vehicles completely to the service without any shark fins to search for it. Can this approach work for vertical implants as well?
Yes, very much. The idea is largely the same: you can cut the revenues resulting from a vertical farm and customize some of the distinctive symbol campaign. Since projects with high -tech and are often largely mechanical, the vertical farmer loans themselves well for the distinctive symbol, with their sensors and various operational data for other note machines and smart contracts that manage the distribution of rewards.
This project enables the creation of the liquidity necessary to spread expensive devices and cover other costs. The same applies to regular farms, which have already created customers and needs money to expand their scope and innovation. In this way, professional projects do not have to compete for the important mercy of VCS. They can take their ideas to the global web3 community, which it considers and supports those that seem worth trying. Using this lifeline, vertical farms can reach the point where their efficiency allows competition with regular farms in all fields, not in some specific cases.
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Blockchain technology adds another layer of transparency to the process. When everything is run on smart contracts, you have a clear vision in sales and revenues from the farm. This would give the project supporters a clear overview of its performance and enable them to make more enlightened decisions. Moreover, the onchain fruits and vegetables are more traceable, enabling buyers to determine how to get vegetable sources, which is useful for consumers with environmental thinking and is also useful for managing the supply chain.
The movement that brings Web3 to industries and companies in the real world gather around decentralized physical infrastructure networks (DePins), the most important web3 sector, which also has the ability to become an agricultural power. Imagine surface gardens in every city, as it produces new food for local communities. With DePins, this dream is closer than ever. We are not only talking about lettuce cultivation; We are talking about rebuilding our nutritional systems from A to Z for the long -term human benefit all.
The future of food is vertical, decentralized, and delicious. Let’s grow!
Opinion: Yog Shrusti, co -founder and CEO of Farmsent.
This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
